H.R. 10462

Firefighter PFAS Injury Compensation Act of 2026

2 cosponsors

Where it stands

Introduced Sep 16
Committee Now
House of Representatives —
Senate —
Law —

Introduced Sep 16
Committee Now
House of Representatives —
Senate —
Law —

Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, and the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (Sep 16)

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Text of the bill

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Sec. 1. Short title; table of contents

Sec. 2. Firefighter PFAS Injury Compensation Program

Sec. 3. PFAS Trust Fund

Sec. 4. Excise tax on PFAS manufacturers

Sec. 5. PFAS litigation excise tax

(a) In general. Subtitle D of the Internal Revenue Code of 1986 is amended by adding at the end the following new chapter:

Text this section adds to the law

50B PFAS litigation

5000E. PFAS litigation excise tax

(a) In general. There is hereby imposed a tax on any taxpayer that pays a qualifying PFAS litigation award during the taxable year in an amount equal to 10 percent of the present value of such award.

(b) Qualifying PFAS litigation award. For purposes of this section, the term qualifying PFAS litigation award means a payment made pursuant to any final court order or settlement to compensate any person for harm suffered as a result of exposure to PFAS (as defined in section 4191) other than a claim for personal injury.

(b) Clerical amendment. The table of chapters for subtitle D of the Internal Revenue Code of 1986 is amended by adding at the end the following new item:

Text this section adds to the law

CHAPTER 50B—PFAS LITIGATION

(c) Effective date. The amendments made by this section shall apply to payments paid or incurred after the date of the enactment of this section.

Sec. 6. Budgetary effects